Singapore

Grab Financial Group launches new brand GrabFin

Grab Financial Group (GFG), a Singapore-based fintech platform, announced Monday that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. Following its launch in Singapore and Malaysia, the GrabFin brand will be progressively rolled out in other Southeast Asian markets in the coming months.

Singapore’s Matchmove acquires Shopmatic for $200M

MatchMove, Singapore-based embedded finance firm, said Monday it has acquired e-commerce specialist Shopmatic in a $200 million deal, creating an end-to-end embedded finance and ecommerce powerhouse. The combined company will enable MatchMove to provide its Banking-as-a-Service capabilities to Shopmatic’s ecosystem of over a million e-commerce small and…

Singapore’s The Growhub inks 5-year partnership with FIPWA to build Southeast Asia’s food bowl

The Growhub, Singapore-based one-stop farm to table solution for food traceability and data analytics, announced Friday that it has inked a 5-year lease agreement with the Food Innovation Precinct Western Australia (FIPWA), to establish Western Australia's first food innovation centre creating a corridor between the two countries for agri-innovation,…

Singapore money transfer firm Nium secures license to expand payment services to Malaysia

Nium, a Singapore-based platform for modern money movement, announced Thursday the availability of real-time payments into Malaysia, further strengthening the company’s real-time payments capabilities across the globe. With the addition of Malaysia, it now processes over 75 percent of transactions globally in real-time, and increases its total real-time…

Singapore’s Oddle raises $5M in Pre-Series B funding

Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.

Carousell, L Catterton SPAC merger talks end – report

The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.

Singapore skyline SGX SPAC

Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.

SMU and Synagie partner to upskill and plug skill gaps in Southeast Asia’s ecommerce and tech workforce

The programs are specially designed to address the specific talent and skills shortages faced by the technology and eCommerce sector in Singapore and Southeast Asia, with the aim of upskilling over 3,000 sector professionals by 2025.

Scotch Whisky Johnnie Walker releases NFTs

The tokens unlock access to a unique piece of graphic design by artist Kode Abdo aka BossLogic.

Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B

This brings their total Assets Under Management (AUM) to over $1 billion.